August 8, 2016

Division of Corporation Finance

United States Securities and Exchange Commission

100 F Street N.E.

Washington, D.C. 20549

Re:	Cliffs Natural Resources Inc. Registration Statement on Form S-1 File No. 333-212054

Ladies and Gentlemen:

In connection with the proposed offering of the securities under Betfredthe above-captioned Registration Statement on Form S-1 (the “Registration Statement”), we wish to advise you that we, as representatives of the underwriters, hereby join with Cliffs Natural Resources Inc.’s request that the effective date of the Registration Statement be accelerated so that the same will become effective on August Betfred10, 2016 at 4:00 p.m. E.S.T., or as soon as practicable thereafter.

The following is supplemental information supplied under Rule 418(a)(7) and Rule 460 under the Securities Act of 1933:

(i)	Date of betfred sportsbookpreliminary prospectus: August 4, 2016
(ii)	Dates of distribution: August 9, 2016 - August 10, 2016
(iii)	Number of prospective underwriters to whom the betfred sportsbookpreliminary prospectus was furnished: 9
(iv)	Number of betfred sportsbookpreliminary prospectuses distributed to prospective underwriters, institutional investors, dealers and others: 3,500

Each of the undersigned advises that it has complied and will continue to comply, and we have been informed by the other participating underwriters that they betfred gameshave complied and will comply, with the requirements of Rule 15c2-8 under the Securities Exchange Act of 1934.

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Very truly yours,

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED CREDIT SUISSE SECURITIES (USA) LLC GOLDMAN, SACHS & CO.
Acting severally on behalf of themselves and the several Underwriters

Merrill Lynch, Pierce, Fenner & Smith                      Incorporated
By:	/s/ Richard Diaz
	Name: Richard Diaz
	Title: Authorized Signatory

Credit Suisse Securities (USA) LLC
By:	/s/ John Traugott
	Name: John Traugott
	Title: Director

Goldman, Sachs & Co.
By:	/s/ Olympia McNerney
	Name: Olympia McNerney
	Title: Managing Director

[Signature Page to Underwriters’ Acceleration Request]